COMING SOON

National Wholesaler/Importer Over 50 year history. Non food products. Value $1 million – $1.5 million Register your interest with Dennis Brede. Please phone 0418 520 089 or email dbrede@buyabusiness.com.au W.A. Building Industry Supplier/Installer Over $10 million sales per annum. High profitability. Value $2.8 million – $3.5 million Register your interest with Dennis Brede. Please phone 0418 520 089 or […]

The Invisible Invader

Not unlike the flu, it seems the moment we get over the previous attack, Cyber-attacks reform in a stronger, more aggressive fashion.   With the ever-present and ongoing issue of Cyber Safety, it’s always important to stay up-to-date with the latest developments in online security, guarding ourselves against this ‘Invisible Invader’.   The latest publication […]

Don’t get Caught by Cyber Crime!

In our previous Cyber safety blog, we discussed the types of Cyber-attacks to be wary of, in an age of continuous technological developments. Being aware of the potential threats is key to protecting your business, finances and information. However, you CAN do more to protect yourself. The Australian Government, unfortunately, does not have the power […]

Look Who Is Pinching WA’s GST?

According to the Commonwealth Grants Commission, and recently published in ‘The Australian’, it seems that WA is drawing the short straw when it comes to GST!  * * * For every ONE dollar taxed, here is the breakdown of how much GST is returned, dependant on your location: NSW: 87.7 cents VIC: 93.2 cents QLD: […]

Here’s The Good News!

Perth-based ‘Austal’ does it again! In an exclusive article in The Australian, written by Brendan Nicholson, it becomes clearer than ever before, that Austal is one of Australia’s best! With a history of success in the shipbuilding industry, Austal has recently won two major contracts, with both Spain and the United States. This is set to significantly boost […]

There’s Nothing So-So About ‘ISO’

What is ISO? ISO is a non-Governmental organisation that comprises 162 national standards bodies. What does this mean? The 162 national standards bodies forming one independent organisation means that a vast collection of experts share knowledge, developments and other relevant information regarding international standards that support innovation & provide answers to global questions. Where is […]

The Ins & Outs of Vendor Finance

Whether you are buying or selling a business, Vendor Finance can play an important role in the success of the business transaction. What is Vendor Finance? As the name suggests, Vendor Finance is Finance supplied by the Vendor (Seller) during the sale of their business. In this instance, instead of acquiring a loan from another […]

457 Visas

How recent changes affect the Seller, Buyer and Worker in a subject business affected by 457 visas.   What is the 457 visa? Introduced by the Howard Government in 1996, the 457 ‘Temporary work (skilled)’ visa was an uncapped program created to allow approved employers to address skill shortages by sponsoring overseas workers to work […]

Don’t Bank on the Bank as a Drawcard

Fewer people visiting bank premises means less foot traffic! “ Retailers and hospitality traders who are expecting high foot traffic generated in strip retail locations by the local bank branches to be continued are now being affected by changes in the way consumers inter- relate with their bank branch. As more people migrate to paywave […]

Newsagents’ Shift into Digital Dealing

An August article written by Stephen Brook for The Australian highlights some new technological changes to the Newsagency game.   “Matt Handbury, the nephew of Rupert Murdoch, is overseeing the expansion of Blueshyft, a countertop tech platform that turns newsagents into digital shopfronts. Available in 1200 newsagents, the Blueshyft platform facilitated more than $22 million cash deposits […]

CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
    By ticking you are accepting and agree to our Terms & Conditions including Confidential Disclosure Agreement & Privacy Policy.

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